If you're one of the millions of Americans who purchased a new car last year, you could benefit from a new tax break that allows taxpayers to deduct interest paid on their auto loans. The car loan tax ...

About one in five new-car buyers paid $1,000 or more per month for auto loans in the fourth quarter of 2025, according to data from the car website Edmunds. If your car payment is too high, it can ...

Melissa Dickerson never imagined she would end up with a $1,100 monthly car payment, especially for a used car. Then her son wrecked her Acura. Fortunately, he was OK. But when she went shopping for a ...

Edmunds data shows new-car loan rates have been falling, but higher vehicle prices are pushing monthly payments higher. Nathan Reiff has been writing expert articles and news about financial topics ...

Over 20% of new car purchases in Q4 2025 were 84-month financing deals. Consumers are looking to lengthier auto loans to lower monthly car payments, but the combined interest costs drastically ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Maskot / Getty Images More than one in ...

The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website ...

The Treasury Department is implementing President Donald Trump’s No Tax on Car Loan Interest policy, a measure designed to lower costs for American families, Treasury Secretary Scott Bessent said ...

Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings. By Adam Sella Reporting from Washington As President Trump ...